In Yongin, South Korea, the towering frame of a semiconductor fab has emerged, reaching the height of a 50-story apartment building to form the massive Yongin Semiconductor Cluster. With construction gaining momentum, SK hynix announced Feb. 25 that it has decided to invest approximately 21.6 trillion KRW (15 billion USD) in the new facility for the first fab by the end of December 2030. This brings the total investment for the construction of the first fab to approximately 31 trillion KRW (approx. 21.5 billion USD), which includes the approximately 9.4 trillion KRW (approx. 6.5 billion USD) facility investment previously announced in July 2024.
This investment comes from a strategic decision to proactively address rapidly growing global customer demand and further strengthen supply system stability. With the expansion of advanced industries such as AI, data centers, and high-performance computing (HPC), the demand for high-performance and high-density semiconductors is also experiencing structural growth. To keep pace with these changes, SK hynix aims to expand production capacity ahead of schedule and establish a foundation to ensure a stable supply of products for customers when they require it.